Seth Davis Email & Phone Number

Phoenix, Arizona, United States

Arixa is a real estate investment manager focused on the residential and commercial real estate sectors. We operate one of the leading private lending platforms serving real estate developers and investors offering a range of residential and commercial bridge, renovation and construction programs to developers, sponsors and real estate investors. Our focus in on providing customized lending solutions for our clients and delivering an exceptional experience each time you work with our team.Arixa Capital manages four debt funds, providing its investors a competitive risk-adjusted fixed-income return with a focus on capital preservation.Responsible for the growth of the lending platform to expand beyond CA, focused on originating Multi-Family and Investor Single Family Residential loans in the Western United States.

• Developed a new business line within the Specialty Lending Group which resulted in a $3 billion book of business targeted towards institutional private equity firms and debt funds focused on originating and purchasing real estate secured debt. • Since inception of the new business line, have achieved 10% higher returns than company average, while not incurring any non-performing loans or loan losses.• Built out team of 20 people to support portfolio growth while achieving strong profitability metrics. Developed policies and procedures to improve standardization and operating efficiencies while mitigating credit risk.

Phoenix, Az

Phoenix, Az

• Managed $200MM in non-performing loans that were acquired as part of a strategic bank acquisition. Performed extensive quantitative analysis to determine optimal strategic loan resolution which enabled WAL to achieve above-market returns. • Marketed and led negotiations on acquired note sales. Achieved maximum profitability via hold/sell analysis of underlying collateral value as compared to net present value of bank holding costs.

Phoenix, Az

• Spearheaded the portfolio management of shared-loss loans in the acquisition of a distressed bank loan portfolio purchased from the FDIC in 2009 via a Loss Share Agreement. Through a pro-active solutions-oriented approach, the portfolio out-performed projected profitability by more than double initial forecasts.• Managed a $120 million portfolio of real estate secured debt and bank owned assets located throughout the United States with 3 direct reports under my supervision. • Re-structured maturing commercial real estate debt that mitigated future risk through additional loan covenants, pledged collateral, and principal reductions. These strategies substantially improved the loan quality of the portfolio as well as provided a structured path to a return of capital to the bank.• Analyzed and negotiated note sales which maximized value of non-income generating assets.

Scottsdale, Az

• Developed a $250 million portfolio of subordinated debt and equity investments in home builder subdivisions and land developments in Arizona, California, Colorado, and Nevada. Established deal terms that enabled a mutually beneficial solution at a competitive price. • Established extensive network of broker, banker, and homebuilder / land developer contacts. Leveraged relationships to participate in real estate transactions as both debt and equity participants.• Built relationships with institutional investors and prepared quarterly reports that detailed a portfolio summary and investor returns. • Presented to Executive Management proposals that detailed structure, rationale, and risk analyses for newly originated loans as well as modifications to existing debt and equity facilities. • Performed detailed analysis on opportunistic investments to assess appropriate debt or equity structure to maximize investor risk-adjusted returns. Forecasted the real estate portfolio’s net cash flow and integrated this forecast into the firm’s annual plan.

Scottsdale, Az

• Underwrote over $50 million in equity and debt facility commitments, which generated over $10.0 million in income and an IRR exceeding 25%. • Calculated leveraged and unleveraged IRR and net cash flow returns for loans and equity investments. Communicated to senior management and investors the status of projects via written quarterly reports. • Prepared debt and equity investment modifications in connection with loan extensions and restructures. Analyzed financial sensitivities to determine appropriate impairment decisions on distressed loans.• Performed in-depth market analysis and due diligence on the underlying collateral securing the portfolio.

Santa Monica, Ca

• Managed the accounting on a $500 million portfolio of regional shopping centers. Prepared monthly GAAP financial statements, financial budgets, and tenant billings. Communicated the financial status of properties to cross-departmental teams.• Reviewed tenant leases and analyzed prior years’ tenant adjustment billings for opportunities to generate additional income. These revisions generated approximately 12% in additional tenant recovery revenues annually for the firm.• Partnered with management of acquired properties to develop revised financial forecasts based on prior owner budgets, which smoothly transitioned acquired properties into the existing portfolio.• Supervised the Cash Management department, managing two direct reports. Reconciled cash balances monthly and managed disbursements to maximize efficiency of the corporate credit line.

Mba, Real Estate Finance

Bs, Accounting